Cheapest Car Insurance for First-Time Drivers

The best way to get cheap car insurance as an 18-year-old is to get added to a parent's car insurance policy. It costs about half as much to add an 18-year-old to a parent's policy than it does to open a new policy for the teen, on average. Young drivers in this situation benefit from insurance premiums calculated based on their parents' age and driving history, in addition to their own.

The best way to get cheap car insurance on your own at age 18 is to compare quotes from multiple insurance companies and research potential discounts you might be eligible for with each. Young drivers are normally viewed by insurance companies as potentially high risk, and are quoted higher premiums as a result. Savings options do exist for those who qualify, however.

• Young drivers who maintain a B grade-point average at school qualify for good student discounts with many insurance companies.
• Taking driver's education courses or defensive driving courses can provide additional discounts with some companies.
• Insurance companies provide discounts for vehicles equipped with safety features, such as air bags or anti-lock braking systems. Young drivers who operate one of these cars are eligible for savings, as this potentially reduces risk of getting into an accident.

Getting cheap car insurance at 18 is only half the battle, though. Young people must also drive responsibly in order to avoid accidents and moving violations that could turn cheap rates at 18 into pricey premiums that last into their 20s.

To get car insurance for the first time, decide what coverage types and limits you need and then compare quotes from at least three different companies to find the best price. You should also evaluate each company's discounts to see which ones you might qualify for and how much you could save.

If you're a first-time driver looking to get your own policy, you're likely to pay around 245% more per year for minimum...

The cheapest car insurance for new drivers under 21 years old is from Travelers, USAA and Progressive, according to WalletHub's quote analysis. Car insurance for new drivers under the age of 21 is expensive since they are considered high risk. This is because young drivers are more likely to cause accidents and commit other violations than older, more experienced drivers.

Cheap Car Insurance for New Drivers Under 21 Years Old

The best car insurance for new drivers under 25 years old is from companies like Allstate, Geico, Progressive, and Safeco. They are among the cheapest car insurance companies for drivers of all ages, both under 25 and older, according to WalletHub's Cheap Car Insurance Report. These companies provide a variety of coverage choices at affordable prices, along with numerous discounts applicable to drivers under 25.

Best Car Insurance For New Drivers Under 25

• Allstate
• Esurance
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The best car insurance companies for first time drivers over 25 years old are Erie Insurance, American Family Insurance and State Farm. When shopping for car insurance, first time drivers over 25 should look for the highest quality coverage at the lowest price, but they should also expect to pay more for coverage than other drivers their age. Although car insurance costs the most for new teen drivers, lacking experience at any age means that...

Car insurance costs an average of $3,343 per year for a first-time driver who is 16 years old. The exact cost of car insurance for a first-time driver depends on factors such as the driver's age, state and insurance company, yet new drivers typically pay much more for coverage than experienced drivers.

Although car insurance for first-time drivers is expensive, it's still possible to find affordable coverage. For example, adding a new driver to an existing policy...

Car insurance costs an average of $2,317 per year for a new driver who gets their own minimum coverage policy. The exact cost of a policy will depend on several factors including age, location, driving record and coverage limits.

It's important to note that the cost of insurance will be different for a newly licensed teenager than someone getting their driver's license later in life. Typically, teenagers will pay more for insurance than someone in their...

The cheapest car to insure for a first-time driver is the Subaru Forester. Other cheap cars to insure for new drivers include the Dodge Grand Caravan and Honda Odyssey, thanks to their low repair costs, high safety ratings, and low accident rates compared to expensive, high-powered vehicles. In fact, the characteristics of these vehicles make them the cheapest options for most drivers, regardless of age and experience. 

Cheapest Cars to Insure for First-Time Drivers

• Subaru...

You can stay on your parents' car insurance indefinitely as long as you still live with them or go to school full-time. There is no age limit for how long you can be covered by your parents' auto insurance policy, unlike health insurance. You will need to get your own car insurance policy when you no longer live at home and register your car in your own name. Insurance companies only allow cars titled in the policyholder's name to...

Kids should get their own car insurance when they purchase and title their own car and no longer live at home. Although some insurance companies will let you add a vehicle not registered in your name to your policy, most will only allow cars titled in the name of the primary policyholder to be added.

If your child lives with you, it's assumed they have regular access to your vehicle, and most insurers will...